Compare Analysis of Powerco with 0.88% APY
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE
All calculations are for demonstration purposes only.
- 1LOCAL CD$50,00018 Month0.88%1.53x (National Avg. - 0.58%)$500Credit Union-SCENARIO
Year Rate
0.88%Annual
InterestAnnual Interest
(After Tax)1 50,000 440 308 2 50,440 444 311 3 50,884 448 313 4 51,332 452 316 5 51,783 456 319 6 52,239 460 322 7 52,699 464 325 8 53,163 468 327 9 53,630 472 330 10 54,102 476 333 11 54,578 480 336 12 55,059 485 339 13 55,543 489 342 14 56,032 493 345 15 56,525 497 348 16 57,022 502 351 17 57,524 506 354 18 58,030 511 357 19 58,541 515 361 20 59,056 520 364 TOTAL $9,576 $6,703